Economic Development and Family Structure: from Pater Familias to the Nuclear Family

Luca Pensieroso and Alessandro Sommacal

No 29/2012, Working Papers from University of Verona, Department of Economics

Abstract: We provide a theory of the interaction between intergenerational living arrangements and economic development. We show that, when technical progress is fast enough, the economy experiences a shift from stagnation to growth, there is a transition from coresidence to non-coresidence, and the social status of the elderly tends to deteriorate.

Keywords: Unified Growth Theory; Intergenerational Living Arrangements; Bargaining Power; Family Economics (search for similar items in EconPapers)
JEL-codes: J10 O11 O33 O40 (search for similar items in EconPapers)
Date: 2012-11
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Related works:
Journal Article: Economic development and family structure: From pater familias to the nuclear family (2014)
Working Paper: Economic Development and the Family Structure: from the Pater Familias to the Nuclear Family (2010)
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